Business recovery services

Overview

Drawing on the industry expertise and the resources of the global PwC network, we promote consistent delivery through our unique world-wide methodology “BRS.Power” and international risk management procedures to ensure that the deliverables are achievable and client expectations are exceeded. Our clients include commercial and development banks, development agencies and governments.

Our BRS team provides unrivalled local xperience in delivering the following services:

Independent business and solvency reviews

We undertake high level or in-depth reviews of businesses both in term of their financial status and prospects and their business operations. Such reviews are often commissioned by lenders (or parent companies) prior to granting new or increased lending or in the event of crisis and default. The reviews address key issues and provide options and recommendations to the lender.

Turnaround and alternative exit solutions

In cases of under-performing businesses we are able to offer advisory services to identify causes and recommend improvements or, if appropriate to recommend exit routes such as sale or gradual wind-down and closure. In addition to advisory services we also offer hands-on support and implementation.

Recent examples include:

  • a state airline
  • mining and mineral processing operations
  • hotel industry operations
  • the sale, by power-of-attorney, of businesses in the agricultural sector
  • the restructuring of a private airline

Turnaround and alternative exit solutions

In cases of under-performing businesses we are able to offer advisory services to identify causes and recommend improvements or, if appropriate to recommend exit routes such as sale or gradual wind-down and closure. In addition to advisory services we also offer hands-on support and implementation.

Recent examples include:

  • the receivership and in many cases the successful sale as going concerns of;
    • a major national dairy
    • several vehicle dealerships
    • flower farms
    • several tourist hotels
    • domestic airlines
    • construction and industrial businesses
    • open-cast coal mines
    • textile manufacturer
    • urers
  • the liquidation of;
    • goverment-owned and major commercial banks
    • state airlines
    • medical insurance business

 

Contact us

Muniu Thoithi

Muniu Thoithi

Advisory Services Leader, East Africa region, PwC Kenya

Tel: +254 (20) 285 5000

George  Weru

George Weru

Partner | Advisory, Business Restructuring and Forensics Services, PwC Kenya

Tel: +254 (20) 285 5000

Laolu Akindele

Laolu Akindele

Partner | Advisory, Management Consulting Services, PwC Kenya

Tel: +254 (20) 285 5000

Simon Mutinda

Simon Mutinda

Advisory Partner and Program Portfolio Management Lead, PwC Kenya

Tel: +254 (20) 285 5000

Isaac Otolo

Isaac Otolo

Advisory Partner and Transactions Lead, PwC Kenya

Tel: +254 (20) 285 5000

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